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Tax Laws Amendment (Personal Tax Reduction and Improved Depreciation Arrangements) Act 2006
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C2006A00055
19 June 2006
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1 Short title
2 Commencement
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3 Schedule(s)
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Schedule 1—Reduced personal income tax rates
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Part 1—Main amendments
Income Tax Rates Act 1986
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Part 2—Related amendments
A New Tax System (Ultimate Beneficiary Non-disclosure Tax) Act (No. 1) 1999
A New Tax System (Ultimate Beneficiary Non-disclosure Tax) Act (No. 2) 1999
Family Trust Distribution Tax (Primary Liability) Act 1998
Income Tax (Bearer Debentures) Act 1971
Income Tax Rates Act 1986
Trust Recoupment Tax Act 1985
Trust Recoupment Tax Assessment Act 1985
Part 3—Application
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Schedule 2—Reduced fringe benefits tax rate
Fringe Benefits Tax Act 1986
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Schedule 3—Increased low income tax offset
Income Tax Assessment Act 1936
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Schedule 4—Increased threshold for Medicare levy
Medicare Levy Act 1986
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Schedule 5—Improved depreciation arrangements
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Part 1—Main amendments
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
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Part 2—Consequential amendments
Income Tax Assessment Act 1997